Factoring

Factoring and Invoice discounting have become one of the leading forms of business funding, due to the decline of the traditional bank overdraft facility.

Factoring can provide a complete service, combining funding with sales ledger control and administration, without damaging the goodwill you have developed with your customers. Additional services can be added, including bad debt protection, stock finance, trade finance facilities, asset finance, business loans and the small firms loan guarantee scheme.

Not all factoring companies are the same, with each having different underwriting criteria and with over 60 to choose from, finding the right facility can be daunting. With our expertise we will guide you through the process to ensure you have the right factoring solution for your business.

Invoice Discounting

With bank overdraft facilities in decline, Invoice Discounting and factoring has become a leading form of business funding.

Invoice Discounting is a client lead facility with funding secured against the sales ledger. You raise the invoices, handle the credit control and collect payment from your customers, with minimum involvement from the invoice discounter.

Invoice Discounting enables you to release upto 95% from unpaid invoices, without having to wait to be paid by your customers.

To qualify for Invoice Discounting you will need to demonstrate an established credit control function.